Is 62052, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 62052 has remained a Seller's Market.
Housing Prices in 62052, IL
How much do homes in 62052, IL cost?
Median Sold Price
$134,900
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 62052 was $134,900 in April 2024, up 3.1% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45.5K | $43.2K | -4.9% |
2 Bedrooms | $80.5K | $100K | +24.2% |
3 Bedrooms | $153K | $149.7K | -2.1% |
4 Bedrooms | $196.2K | $215K | +9.6% |
5+ Bedrooms | - | $289K | N/A |
Summary: 62052 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes increased by 24.2%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes did not change.
Housing Supply in 62052, IL
How many homes are available in 62052, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 27 | -10.0% |
Summary: The 62052 real estate market had 27 homes for sale in April 2024, a 10.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62052 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 62052 in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for 62052, IL
How long does it take to sell a home in 62052, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 43 Days | +60.0% |
Summary: Homes in 62052 had an average of 43 days on market in Apr 2024, up by 60% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 62052; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.